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Graced Ministries Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813260870 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Graced Ministries Inc?

Graced Ministries Inc, located in Houston, Texas, is a nonprofit foundation or grantmaking organization. Their primary mission is to make a significant impact in the lives of the homeless population, aiming to bring about change, one penny at a time. Although the specific activities or programs they undertake to achieve this goal are not provided in the information, the organization's dedication to helping the homeless is evident. Graced Ministries' work seeks to uplift and improve the living conditions of individuals who are currently without a home.


Official website here: www.gracedministry.org

Is Graced Ministries Inc legitimate?

Graced Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Graced Ministries Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gracedministry.org

What is the mission statement of Graced Ministries Inc?

Graced Ministries Inc, as a foundation or grantmaking organization, is committed to making a significant impact in the lives of the homeless community. Their mission, stated in simple yet powerful terms, is to bring about transformative change, one penny at a time. This mission underscores their dedication to addressing the needs of the homeless population in a practical and impactful manner. By focusing on small yet meaningful actions, Graced Ministries Inc aims to contribute to the betterment of the lives of those who are homeless, working towards a more compassionate and inclusive society.


Official website here: www.gracedministry.org

Who is the CEO of Graced Ministries Inc?

Koedi Nealy is the CEO of Graced Ministries Inc The CEO's salary of Graced Ministries Inc is $6,872 and their total compensation is $6,872.


Official website here: www.gracedministry.org

What is the revenue of Graced Ministries Inc?

Graced Ministries Inc's revenue in 2023 was $65,829.


Official website here: www.gracedministry.org

Who are the executives of Graced Ministries Inc and what are their salaries?

Here are 5 key members and their salaries (Graced Ministries Inc's CEO's salary is $6,872 and their total compensation is $6,872):


Paula Cook (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Koedi Nealy (Founder & Ceo)
  • Compensation: $6,872
  • Related: $0
  • Other: $0
Linda Hill (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaylee Harper (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marit Broussard (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gracedministry.org

Where can I find the form 990EZ for Graced Ministries Inc?

Graced Ministries Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.gracedministry.org

Learn more at the official website: www.gracedministry.org

Mission Statement of Graced Ministries Inc

Graced Ministries, as a foundation or grantmaking organization, is committed to making a significant impact on the lives of the homeless population. Their mission, unique in its approach, is centered around the idea of transformation. With a goal to change lives, Graced Ministries operates on the belief that even the smallest act of kindness, like donating a penny, can make a substantial difference in the lives of those who are homeless. This mission statement reflects the organization's dedication to making a tangible impact in the community, one individual at a time.

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Impact




August, 2024

Graced Ministries Inc's impact is evident in their mission to change the lives of the homeless one penny at a time. Through their philanthropic efforts and grantmaking activities, they have been able to make meaningful contributions towards improving the lives of the homeless population in Houston, Texas. Their focused approach and dedication to this cause have resulted in tangible, positive changes within the community they serve.




This information is meant to be a general summary of Graced Ministries Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$65,829 (2023)
Expenses
$31,652 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $140,742

Assets and Liabilities:

  • Total Assets: $37,176
  • Total Liabilities: $0
  • Net Assets: $37,176

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Organization Details

Principal Officer

Paula Cook

NTEE Category

Code: T50 - Philanthropy

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